ICAS researching football finance

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Professional body ICAS is researching whether or not UK football clubs should be subject to different financial reporting rules to other businesses. 

UK clubs are currently gathering data to comply with Uefa’s new financial fair play rules, which require clubs not to spend more than they earn and are aimed at making clubs more financially responsible and stable.

But Stephen Morrow, senior lecturer in sport finance at Stirling University told AccountingWEB that he is also researching whether...

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01st Nov 2013 15:57

Nice to see they are keeping busy

They could of course research something relevant to the 99% of their members who do not act for professional football clubs but what fun would that be?

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